Sep, 30, 2025 — TANDEM FEDERAL CREDIT UNION is a federal credit union headquartered in WARREN, MI with 1 branch location and about $22.40 million in total assets. Opened 85 years ago in 1941, TANDEM FEDERAL CREDIT UNION has about 2,174 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TANDEM FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 21043 Mound Rd WARREN, MI 48091-2903 |
| Phone: | (586) 759-5050 |
| Fax: | (586) 759-5053 |
| Website: | https://www.tandemfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,174 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4787 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $22,404,877 |
| CEO/Manager: | Charla Taylor |
| Chairperson: | Patricia Swan-Brown |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,430,850 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,789,100 |
| Unsecured Loans | 1,154,581 |
| Other Loans | 3,096,292 |
| TOTAL LOANS | 7,039,973 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,807 |
| Land And Building | 118,994 |
| Other Fixed Assets | 93,811 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 199,030 |
| All Other Assets | 0 |
| TOTAL ASSETS | 22,404,877 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 19,719 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 53,226 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,905,283 |
| Regular shares | 14,686,596 |
| All Other Shares & Deposits | 2,437,457 |
| TOTAL SHARES & DEPOSITS | 19,029,336 |
| TOTAL LIABILITIES | 19,102,281 |
| Regular Reserve | 0 |
| Other Reserves | -341,105 |
| Undivided Earnings | 3,643,701 |
| TOTAL EQUITY | 3,302,596 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 22,404,877 |
| INCOME & EXPENSE | |
| Loan Income | 372,786 |
| Investment Income | 200,730 |
| Other Income | 147,481 |
| Total Employee Compensation & Benefits | 278,961 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 500,917 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 65,764 |
| Cost of Funds | 59,825 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -116,686 |
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